WASHINGTON — Months of negotiations on the U.S. Department of Education’s proposed revisions to regulations intended to guard against abuses of the federal financial aid program ended Friday with no agreement on the most controversial issues under consideration.
Peter P. Smith's career in and out of higher education has not followed the straight and narrow.
Amid forays into politics (as a member of Congress and lieutenant governor of Vermont) and international affairs (at UNESCO), Smith has been a higher education innovator, helping to found the statewide Community College of Vermont in 1970 and serving for 10 years as founding president of California State University's Monterey Bay campus, beginning in 1995.
For-profit higher education has had no difficulty attracting black students. When the University of Phoenix announced its growth to 443,000 students in the fall, it noted that 27.7 percent of its new students are African-American.
WASHINGTON – As the U.S. Department of Education prepares to finish revising regulations intended to weed out abuses of the federal financial aid system, for-profit higher education’s major advocacy group has chosen to push back.
WASHINGTON -- A long recession and a wavering job market have brought for-profit higher education institutions into the public eye as never before. Big advertising budgets have given them name recognition. Dramatic enrollment growth (fueled by increasing amounts of federal financial aid) and assurances to students that a degree or certificate is the path to a comfortable job in a specific field have brought them scrutiny.
Lambuth University, a Methodist institution in Tennessee, announced Friday that it has agreed to be sold to private investors, but declined to name the group that is taking over the institution. A week ago, the university said that if it failed to reach a deal by Friday, there was a danger of closure and of failing to meet payroll.